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2 years ago

Larry values attending NoName at 15000 per year. What is Larry;s economic surplus if he attends state college

1 answer:

7 0

His net benefit from attending State College is $40,000 – $20,000, or $20,000. Additionally, his net benefit from attending NoName U is $15,000 minus $0, which equals $15,000. Therefore, if he enrolls in State College, his economic surplus will be at its peak.

What is Economic?

Economics is the study of how people allocate scarce resources for production, distribution, and consumption, both individually and collectively.

The two branches of economics are microeconomics and macroeconomics.

Economics focuses on efficiency in production and exchange.

Learn more about Economic with the help of given link:-

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Answer:

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3 years ago

From an operations standpoint, one of the goals of the firm under the theory of constraints is to increase throughput while simu

OverLord2011 [107]

Answer:

True

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In simple terms, a company recognizes their greatest weakness and tries to improve it, so that it no longer represents a limitation.

This theory was originally developed for manufacturing companies, and it was meant to reduce bottlenecks (manufacturing constraints). Therefore one of its main goals is to lower inventory levels and operating costs while increasing production output.

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3 years ago

The Claxton Company manufactures children's toys and also has a division that makes automobile parts. Due to a change in its str

Kryger [21]

Answer:

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3 years ago

Three Guys Burgers, Inc., has offered $18 million for all of the common stock in Two Guys Fries, Corp. The current market capita

son4ous [18]

Answer:

The minimum annual synergy that Three Guys feels it will gain from the acquisition is $ 178,500

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3 years ago

Suppose 90-day investments in Britain have a 6% annualized return and a 1.5% quarterly (90-day) return. In the U.S., 90-day inve

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